1.1 A bill for an act 1.2 relating to capital investment; appropriating money for the Central Minnesota 1.3 Healthcare Hub in Sartell; authorizing the sale and issuance of state bonds. 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.5 Section 1. SARTELL; CENTRAL MINNESOTA HEALTHCARE HUB. 1.6 Subdivision 1.Appropriation.$19,100,000 is appropriated from the bond proceeds 1.7fund to the commissioner of transportation for a grant to the city of Sartell for local road 1.8improvements as phase 2 of the Central Minnesota Healthcare Hub project. This appropriation 1.9includes money for predesign, design, engineering, acquisition of right-of-way, replacement 1.10or repair of utilities, street reconstruction, and other improvements or upgrades related to 1.11street work. 1.12 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond 1.13proceeds fund, the commissioner of management and budget shall sell and issue bonds of 1.14the state in an amount up to $19,100,000 in the manner, upon the terms, and with the effect 1.15prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.16Constitution, article XI, sections 4 to 7. 1.17 EFFECTIVE DATE.This section is effective the day following final enactment. 1Section 1. 25-00823 as introduced12/02/24 REVISOR JSK/BM SENATE STATE OF MINNESOTA S.F. No. 36NINETY-FOURTH SESSION (SENATE AUTHORS: HOWE) OFFICIAL STATUSD-PGDATE Introduction and first reading01/16/2025 Referred to Capital Investment